In this video, I explain the two non negotiable rules of finance that I have followed throughout my career.
First, every asset must generate a return at least equal to its cost of capital. Second, assets must bring in cash before liabilities demand it.
These two principles apply to individuals, investors, and business owners alike. Ignore them, and financial stress follows. Follow them, and decisions become clear.
#finance #charteredaccountant #financialeducation #business #businessowner #entrepreneur #financeeducation #education
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Amazing technique of teaching
If someone reads your book Romancing the balansheet
He will have no need to watch this small vdos on youtube but will have good amount of financial mgmt knowledge
Thank you ❤Thank you ❤Thanks you sir
Sir every day morning will be hearing one of your lectures, so that it will help us to think .
ABSOLUTE TRUTH 🙏 💯
Excellently explained Dr. Lamba. Love ur clarity
Well simplified that cash has a cost and therefore Cash itself has to generate higher than the cost of cash within a time frame before the due date of refund, that is before the payback period
If your short term fund is used for long term used
Great… simple & genius
Very good information sir ❤❤
Wery wel explained
good lecture
Thanks for such a good & usable information sir
In a good company credit and pricing are also decided by the finance department/ manager. If your sales guy is allowed to fix the price of a product without the costing inputs from the finance department or if the sales department fixes the credit terms without the concurrence of the finance department. Obviously the top management doesn't know how to manage the company
Fully agree, financial acumen is one of the important competencies for all managers. An Organisation with all Business and Support function Managers and not just Finance manager who understands the "why" behind the "how much" will be far more resilient.
Watching for the 3rd time (not binge watching) in 2 days ❤❤
I had been looking for a Finance for non Finance professional for quite a long time. This perfectly fits my expectations.
10:05, 10:09, 10:17, 10:26, 10:30, 10:46, 11:12, 12:27–12:39, 12:49, 14:56, 14:59, 15:15, 15:20, 15:30, 15:41, 16:02, 16:05–16:39, 16:44
Wonderful 👍
Video starts after first 6 minutes and 50 seconds.
Wonderful 😊
Excellent!
Sir could you please make a complete vedio on working capotal management, inventory, cash. Receivables and payables relations.
Reflection of your glasses is distracting. I would suggest you to do something about it. Thanks for valuable videos.❤
Thank
Video starts at 6:33